ACM to cut 35 editorial positions amid revenue decline
By Staff writer in Media News on Thursday, 05th September 2024 at 5:02pm
Australian Community Media (ACM) has announced plans to reduce its workforce by cutting 35 editorial positions across its newsrooms, according to Crikey’s Daany Saeed.
In a statement released by the ACM National House Committee, it was revealed that during a town hall meeting with staff, the management shared the news, citing declining revenue as the primary reason.
In an email to staff, ACM Managing Director Tony Kendall confirmed the cuts, attributing them to the “loss of federal government advertising revenue, the loss of payments from Meta,” and “reduced revenue from display and classifieds advertising, as well as print circulation.”
A voluntary redundancy consultation period is open until September 11, with final decisions to be communicated by September 13. The last ...
To continue reading this article...
More Media News
SC quashes police demand for journalist Abhishek Upadhyay's X data, makes arrest protection absolute
By Meena R. Prashant in Media News on Thursday, 15th October 2026 at 4:11pmTODAY’S TEN: Jio’s record 30,213-crore IPO opens October 21, over 12k tech professionals return from US amid visa woes
By Staff Writer in Media News on Thursday, 15th October 2026 at 3:28pm
Press freedom concerns surface as Amroha journalists oppose Haryana detentions
By Staff Writer in Media News on Thursday, 15th October 2026 at 3:24pm
ICFC invites founding members to shape India’s CTV and FAST ecosystem
By Staff Writer in Media News on Thursday, 15th October 2026 at 12:48pm
Mumbai journalists seek strict action against social media trolling
By Meena R. Prashant in Media News on Thursday, 15th October 2026 at 12:41pm
Upfront: Trust tax shockwave, Aged-care cash torpedoed, Minister’s travel blowback.
By Staff Writers in Media News on Thursday, 15th October 2026 at 5:54am
Media news latest
Marcoms news latest